Photo: Argentina won’t submit to ‘extortion’ on debt

In this Feb. 12, 2014, file photo, Argentine President Cristina Fernandez gives a speech, aired on national TV, during an event at the Casa Rosada government palace in Buenos Aires, Argentina. President Fernandez said Monday that Argentina can't comply with U.S. court orders to pay $1.5 billion to winners of a decade-long legal battle over defaulted debt, the position her country was left in Monday when the U.S. Supreme Court refused to hear her government's final appeal. (AP Photo/Victor R. Caivano, File)